The Poojer Posted August 8, 2013 Share Posted August 8, 2013 since 1997 the numbers 1-30 came up in any of the white balls 55.53%(4570/8230) and 31-59 44.47%(3660/8230). I told you i needed a work break They don't..... 59 total numbers (balls) 1 in 59 chance of any particular number coming up first, 1.69% For that number to be 1 through 30 - 50.84% For that number to be 31 through 59 - 49.15% It may just seem that way to your cow-orker. Link to comment Share on other sites More sharing options...
Just Jack Posted August 8, 2013 Author Share Posted August 8, 2013 since 1997 the numbers 1-30 came up in any of the white balls 55.53%(4570/8230) and 31-59 44.47%(3660/8230). I told you i needed a work break If you want another break.... 10 12 30 43 48 and 13 And I can tell you right now, they've never come up as winners since PB started in NY. Just interested in the percentages. Link to comment Share on other sites More sharing options...
The Poojer Posted August 8, 2013 Share Posted August 8, 2013 10 - average rank of 23.4 12 - avearge rank of 20.2 30 - average rank of 18.4 43 - average rank of 21.4 48 - average rank of 18.4 13 - ranks as 22 most common PB If you want another break.... 10 12 30 43 48 and 13 And I can tell you right now, they've never come up as winners since PB started in NY. Just interested in the percentages. Link to comment Share on other sites More sharing options...
Just Jack Posted August 9, 2013 Author Share Posted August 9, 2013 Second ticket reportedly turned in.... 16 NJ garage workers have $448M Powerball ticket Gotta suck for them. Initially thinking you'll get $28 Million each (before taxes), then finding out three tickets won so you're only getting $9.3 Million (before taxes) each. Link to comment Share on other sites More sharing options...
Gugny Posted August 9, 2013 Share Posted August 9, 2013 Second ticket reportedly turned in.... 16 NJ garage workers have $448M Powerball ticket Gotta suck for them. Initially thinking you'll get $28 Million each (before taxes), then finding out three tickets won so you're only getting $9.3 Million (before taxes) each. Seriously. How are they supposed to live on that? Link to comment Share on other sites More sharing options...
Clippers of Nfl Posted August 9, 2013 Share Posted August 9, 2013 Just somebody please win it all. Then they can pay off the debt the big cat owes (see old skewl credit card question thread) Link to comment Share on other sites More sharing options...
Chef Jim Posted August 9, 2013 Share Posted August 9, 2013 Seriously. How are they supposed to live on that? After taxes (say 50%) they net out $4.65 million. At 5% that earns you about $230,000 per year. That's not a huge amount of money. And that's if you don't spend a big chunk of it right up front on trips, cars, homes etc, etc. Link to comment Share on other sites More sharing options...
BuffaloBill Posted August 9, 2013 Share Posted August 9, 2013 After taxes (say 50%) they net out $4.65 million. At 5% that earns you about $230,000 per year. That's not a huge amount of money. And that's if you don't spend a big chunk of it right up front on trips, cars, homes etc, etc. Also depends on where you live. $230k per year is a nice but not extravagant amount of money in places like NYC and SF. Also, playing into it is your level of debt. If you are debt free $230k would situate you very well. To your point you buy an expensive house,, a car or two, a boat, a second house, etc that money could be gone very quickly. This is how pro athletes burn through so much cash so quickly. Link to comment Share on other sites More sharing options...
KD in CA Posted August 9, 2013 Share Posted August 9, 2013 After taxes (say 50%) they net out $4.65 million. At 5% that earns you about $230,000 per year. That's not a huge amount of money. And that's if you don't spend a big chunk of it right up front on trips, cars, homes etc, etc. WHAT?!? I won Powerball and you're telling me I have to muddle through an upper-middle class existence on $230K a year?? I want mansions, yachts and a fleet of luxury cars that I never drive!! Link to comment Share on other sites More sharing options...
The Poojer Posted August 9, 2013 Share Posted August 9, 2013 Keep in mind Chef is talking $235k interest...u still have the principal in the bank Also depends on where you live. $230k per year is a nice but not extravagant amount of money in places like NYC and SF. Also, playing into it is your level of debt. If you are debt free $230k would situate you very well. To your point you buy an expensive house,, a car or two, a boat, a second house, etc that money could be gone very quickly. This is how pro athletes burn through so much cash so quickly. Link to comment Share on other sites More sharing options...
BillsFanM.D. Posted August 9, 2013 Share Posted August 9, 2013 Gotta suck for them. Initially thinking you'll get $28 Million each (before taxes), then finding out three tickets won so you're only getting $9.3 Million (before taxes) each. I'd kill to be one of those sorry b@stards. Link to comment Share on other sites More sharing options...
Just Jack Posted August 9, 2013 Author Share Posted August 9, 2013 After taxes (say 50%) they net out $4.65 million. At 5% that earns you about $230,000 per year. That's not a huge amount of money. And that's if you don't spend a big chunk of it right up front on trips, cars, homes etc, etc. ABC just said on their evening news, they'll get $3.5 Million after taxes. And I could live on $230K/year. Just have to rent a Gulfstream instead of buying one. Link to comment Share on other sites More sharing options...
Chef Jim Posted August 12, 2013 Share Posted August 12, 2013 Keep in mind Chef is talking $235k interest...u still have the principal in the bank That you can't touch unless you want that annual income to go $235k....$230k....$200k.....$175k.......$150k........and we're not even adjusting for inflation yet. Once you start pulling out principal and expecting the same income that money goes down the drain real quickly. ABC just said on their evening news, they'll get $3.5 Million after taxes. And I could live on $230K/year. Just have to rent a Gulfstream instead of buying one. Save, save, save and you can retire on $3.5 mill. Screw the lottery, even though my wife played it. Link to comment Share on other sites More sharing options...
mead107 Posted August 12, 2013 Share Posted August 12, 2013 I think I could be very well off on clearing 125,000 per year. Link to comment Share on other sites More sharing options...
Chef Jim Posted August 12, 2013 Share Posted August 12, 2013 I think I could be very well off on clearing 125,000 per year. I could get by too netting that out but here in the Bay Area you'd still have to be careful. That's why $200mill plus would be so cool. So much you could do with that kind of money. You could go vacation in Europe or the Caribbean for a month or longer and not bat an eye. At $125k you can't. Also you can be a heck of a lot more charitable with that kind of money. Link to comment Share on other sites More sharing options...
mead107 Posted August 13, 2013 Share Posted August 13, 2013 My friend clears 171,000 after taxes.. He has been collecting for 10 years. He just turned 55. His accountant told him to put 20 thousand a way a year and he would be able to collect the same amount for 9 more years.. He worked for the town for 25 years and will start getting a pension at 60 from the town.. It would be cool to get that lucky and collect 200 million. I have several things that I would do with that kind of money.. Link to comment Share on other sites More sharing options...
Chef Jim Posted August 13, 2013 Share Posted August 13, 2013 My friend clears 171,000 after taxes.. He has been collecting for 10 years. He just turned 55. His accountant told him to put 20 thousand a way a year and he would be able to collect the same amount for 9 more years.. He worked for the town for 25 years and will start getting a pension at 60 from the town.. It would be cool to get that lucky and collect 200 million. I have several things that I would do with that kind of money.. I'm not sure I'm following your numbers but you put $20k away for 9 years will give you a rocking $12k of income a year. Bottom line: never take financial planning advice from an accountant. Link to comment Share on other sites More sharing options...
The Poojer Posted August 13, 2013 Share Posted August 13, 2013 i read it to mean if when he started clearing the 177K, put 20K away a year for the 30 years and you would extend the monthly 177K payout for an additional 9 years, taking into account interest....course i could be mistaken as i am not a financial expert, nor a chef I'm not sure I'm following your numbers but you put $20k away for 9 years will give you a rocking $12k of income a year. Bottom line: never take financial planning advice from an accountant. Link to comment Share on other sites More sharing options...
mead107 Posted August 13, 2013 Share Posted August 13, 2013 I'm not sure I'm following your numbers but you put $20k away for 9 years will give you a rocking $12k of income a year. Bottom line: never take financial planning advice from an accountant. 20 grand for the 20 year payout, to me numbers did not add up.. even for 20 years. He said when he went to lottery headquarters seven people form the lottery sat him down and told him you just won a lot of money but it can go very fast. they told him not to loan money to friends which he did and found out that his friends just wanted the money.. says he finds it hard to put 20 thousand away each year. wishes he did things differently. Link to comment Share on other sites More sharing options...
Chef Jim Posted August 13, 2013 Share Posted August 13, 2013 20 grand for the 20 year payout, to me numbers did not add up.. even for 20 years. He said when he went to lottery headquarters seven people form the lottery sat him down and told him you just won a lot of money but it can go very fast. they told him not to loan money to friends which he did and found out that his friends just wanted the money.. says he finds it hard to put 20 thousand away each year. wishes he did things differently. Still not sure I follow. If he needs help PM me. Link to comment Share on other sites More sharing options...
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